Announcement on Completion of TSHP Token Vesting Release for Private Rounds

12Ships
2 min readAug 19, 2020

[Published Time: Aug 17th, 2020]

Token Name: TSHP

Token Type: ERC 20

Initial Total Supply: 5,000,000,000 TSHP

Current Total Supply: 4,996,980,813 TSHP ( on account of buy-back and burn-out)

Smart Contract Address: 0x525794473f7ab5715c81d06d10f52d11cc052804

12Ships has launched three private rounds of pre-sale before. The 12Ships tokens(TSHP) locked in 1st private round was 12.68% of Initial Total Supply; the tokens locked in 2nd round was 8.62%; and the tokens locked in 3rd round was 11.90%. To sum up, the amount of tokens involved in three private rounds is 1,660,412,315 TSHP, at around 33.2% of Initial Total Supply.

The three private rounds are subject to the same vesting release schedule, which began at 00:00 (UTC) on Oct 21, 2019. The tokens locked in private rounds would be gradually released every day equally by 1/300, and the vesting process would be completed in 300 days, namely on August 15, 2020.

Please be informed that as of 24:00(UTC) on August 15, 2020, all the tokens for three private rounds have been completely released now.

Many thanks for your trust and support!

12Ships Foundation

August 17, 2020

What is 12Ships?

12Ships is a global blockchain service platform of making users’ journeys to the blockchain investment as easy as possible by securing stable profitability and contributing to the blockchain revitalization based on high-performance mining infrastructure. 12Ships is comprised of the self-developed mining products, a mining pool called Hansando, a public chain named Hashchain, and even more business based on blockchain to keep on top of industry trends all the way.

For more information, reach us in the communities:

More communities to be built up in the near future, so stay tuned!

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12Ships

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